You cannot take out any of our products directly. We believe it's crucial that you take professional advice before considering any of our products, and that is why we only accept business introduced via financial advisers.

Automatic Exchange of Information Requirements

This section explains the Automatic Exchange of Information regulations and how they may affect applicants for RL360’s products and existing policyholders.

What is AEOI?

The Isle of Man like many other jurisdictions around the world has signed Intergovernmental Agreements to improve International Tax Compliance. These are referred to as the Automatic Exchange of Information for Tax Matters (AEOI).

How does AEOI affect me/my clients?

RL360 may need to disclose details of policyholders/controlling persons who are identified as being reportable under the US FATCA and CRS regulations. We are therefore required to collect specific information to ascertain whether or not a policyholder/controlling person is reportable.

Information in respect of policyholders/controlling persons that are identified as being reportable will be provided to the Isle of Man Income Tax division (IOMITD) and they will then provide the same information to the jurisdiction that the policyholder has confirmed as their country of residence for tax purposes.

RL360 does not send any policyholder information direct to other jurisdictions.

Self-certification

In order for RL360 to correctly identify whether a policyholder or controlling person is reportable, we may ask for a self-certification form to be completed. The information provided by the policyholder/controlling person in the self-certification form allow RL360 to determine whether or not they are resident in a reportable jurisdiction.